Having traded shares for a fair while now its amazing how you see patterns developing with certain stocks that remind of you of other stocks that over promised and under delivered in the end.
SAS may break the mold but you never know.
Constant CR's at heavily discounted SP's just ends up leaving a sour taste in SH's mouths especially when some SH's have bought in just before a CR at much higher prices. And I see it time and time again. And I blame the Management of such companies for this as they tend to sneak it up on SH's rather than having a more managed approach that doesn't leave some SH's heavily out of pocket.
I am not surprised by SAS's current share price because to a certain degree trust has been broken and no one now knows for sure where its heading to next...is it 5 cents or 25 cents.
Lets hope that SAS does deliver for those holding....I still think this is a stock I'd like to be involved with at some point....maybe when there is a bit more certainty around it.
SAS Price at posting:
8.7¢ Sentiment: None Disclosure: Not Held
